Media

Port of Brownsville Signs MOU with Mission EDC for Regional Economic Development

BROWNSVILLE, Texas—In its ongoing commitment to job creation and regional economic growth, the Brownsville Navigation District (BND) Board of Commissioners entered into Memorandum of Understanding (MOU) with the Mission Economic Development Corporation (EDC) to collaborate on international trade opportunities with Mexico and other development projects. Through this alliance, both entities will work to connect and grow business between the Mission Business Park and the Port of Brownsville.

“The Port of Brownsville is one of the largest economic engines in the Rio Grande Valley,” said John Wood, BND Chairman. “As a link to the global marketplace, the port is well-positioned to assist in regional economic development. This agreement with Mission EDC further enhances our pledge to assist where we can to affect positive change for the Valley and its residents.”

A 2015 economic impact study by Martin Associates, revealed activity at the port has an economic impact of
$3 billion to the state and more than $2 billion regionally.

“Mission, the Port of Brownsville and the RGV make up one of the most dynamic international trade corridors in Texas and the country,” said Alex Meade, Mission EDC CEO. “Forming strategic partnerships to create business opportunities and jobs has always been a priority for the Mission EDC. We’re pleased to work with the Port of Brownsville on trade and economic development.”

Mission EDC, a component of the City of Mission, is tasked with creating jobs, attracting capital investment, improving the quality of life and strengthening the workforce in Mission, Texas. Mission EDC focuses on five areas: entrepreneurship and STEAM education, business expansion and retention, recruitment, infrastructure and transportation, and quality of life.